Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram. Description of image is listed below.

How It Works

  1. You make a gift to the Prichard Committee
  2. You give the tax savings from the charitable deduction to your children
  3. Your children purchase an insurance policy on your life with the tax savings
  4. Your children will receive the proceeds upon your death

Benefits

  • You can make a significant gift to the Prichard Committee without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

Contact Us

Shawn J. Lyons 
Vice President and Director of Philanthropy
859-227-0987
shawn@prichardcommittee.org

The Prichard Committee for Academic Excellence
2285 Executive Drive, Suite 120 
Lexington, KY 40505
Federal Tax ID#: 61-1026214

Back

Charitynavigator
Candid
Bbb